# The 2 Things to Look for When Deciding How To Invest your Money

## Метаданные

- **Канал:** Gary Vaynerchuk
- **YouTube:** https://www.youtube.com/watch?v=_gh9hg6ezcc
- **Дата:** 09.04.2021
- **Длительность:** 42:53
- **Просмотры:** 43,134

## Описание

Saving your money and investing it in businesses and alternative assets is one of the smartest things you can do for your future self, but there are certain things you should look out for and red flags to avoid before you start putting your money in. Today’s episode is an interview that I did on the Earn Your Leisure podcast. We discuss NFTs, the future of the Blockchain, angel investing, marketing, and more. Enjoy! Let me know what you thought.

Check out "Earn Your Leisure" here: https://www.youtube.com/channel/UCRVsqvXIdgyPVS-a6fGa1lA

Timestamps:
0:00 Intro
8:15 Leaving WineLibrary
13:26 How I invested in Facebook, Twitter, and Tumblr 
26:16 What do I look for when investing
32:10 Is Clubhouse here to stay?
37:00 Emptying the bucket
42:00 Outro
—
Thanks for watching!
Check out another series on my channel:
Tea With GaryVee (Fan Q&A Series): https://youtube.com/playlist?list=PLfA33-E9P7FBahSYlSAjOMGsuRPLMWWEO
Overrated Underrated (Hot-takes on Culture): https://youtu.be/TUSNSqA62uI
Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLfA33-E9P7FAvnrOcgy4MvIcCXxoyjuku
Trash Talk: https://youtube.com/playlist?list=PLfA33-E9P7FDelN4bXFgtJuczC9HHmm2-
WeeklyVee: https://youtube.com/playlist?list=PLfA33-E9P7FBPjdQcF6uedz9fdk8XKn-b
— 
Gary Vaynerchuk is one of the world’s leading marketing experts, a New York Times bestselling author, and the chairman of VaynerX, a modern day communications company and the active CEO of VaynerMedia, a contemporary global creative and media agency built to drive business outcomes for their partners. He is a highly popular public speaker, and a prolific investor with investments in companies such as Facebook, Twitter, Tumblr, Venmo, Coinbase, Slack, and Uber. Gary is a board/advisory member of Bojangles’ Restaurants, MikMak, Pencils of Promise, and is a longtime Well Member of Charity:Water. He’s also an avid sports card investor and collector. He lives in New York City.

## Содержание

### [0:00](https://www.youtube.com/watch?v=_gh9hg6ezcc) Intro

and about seven minutes in i said this is gonna change my life straight up you got your perspective i just wanna be happy don't you wanna be happy gary vaynerchuk yeah did i pronounce that correctly i think he did a good job gary thank you for joining us appreciate it matt i really appreciate your time and uh i'm excited to be here yeah for sure so let's jump right into it uh our show is a little different because you know we break down the business models we break down entrepreneur's success so like when we had mark cuban on shout out to marketing we asked him about his deal that he did when he sold it and then he you know hedged the stock and he gave a great explanation so a lot of people might or they may not know your story they heard the story about you started in the wine business your family's wine business right in the late 90s and turned it from 3 million operation to i believe a 60 million operation and you did it was early in it called digital real estate um and uh first wine e-commerce platform so can you talk about that how you had the foresight and how you actually transitioned that and how you was early on to the e-commerce phase timing's incredible about this i just literally got off the phone with my six best buds from college shout out to 301 to spot ms iraq dustin tokyo joe and glenn um it was there in mount ida college in newton mass in 1995 when keep from maine and we had nicknames for everybody pete from maine said come and check this out and i heard koo kooch for the first time and i said the [ __ ] is this and he's like this is the world wide web and i was like i heard about that [ __ ] and i what this is how cr for the kids that are listening this is how crazy internet was in 94. 95 i waited my turn to get on the computer to go on aol it was so crazy this thing like being on the internet and seeing people in chat rooms that i watched it as a spectator while my man was on the keyboard and i finally like an hour later sat down and clicked a couple buttons and found myself on a baseball card bulletin board in aol and about seven minutes into my internet life which was this i said this is gonna change my life straight up just like that like straight out of [ __ ] movie and that started the conversation in my head which late to six months later saying to my dad we need a website for the liquor store we didn't have a computer my dad didn't take credit cards like he was old school yeah i was born in the soviet union he's like cash only doesn't trust people like wouldn't take checks doesn't believe in anybody like you know like all that stuff like and i got him there i just completely knew the same you know it's funny the one skill i really have is my intuition about things and people is heavy like it's just really my biggest thing so like literally looking at the internet or looking at the investments i made facebook twitter coinbase or the fact that i bought bitcoin in 2014 is no different than me thinking that gunna or the baby we're going to be good or that that i thought alvin kamara was going to be a good player when we started vayner sports even though he was the backup running back at tennessee there's something in me that understands people and understands what people are gonna do and that's been my whole life like if i was an a r guy i would dominate if i was a scientist like looking at spiders for 20 years in the woods i would figure it out like that's my thing and so that's what happened with the internet that's how it started and i you know my mission in my 20s you know i was came to this country with nothing i was born in russia lived in a studio in queens with like eight family members like i grew up rugged like my mom was frugal and wasn't about didn't have money so i was like if i wanted nintendo if i wanted stuff i had to buy it as a kid so i'd always fight for money and business and my number one goal was to help my parents liquor store business like i gave up my 20s all of my 20s men when kids talk to me about like oh i'm like i gave up all my 20s to build a business for my parents i left with zero ownership of that business and i blew that business up from three to sixty million and you know sometimes people try to rag on me like ah you got handed [ __ ] i'm like you think that's what happened let me tell you the truth i took a business from three to sixty million never got paid [ __ ] because in the family business you put all back in the business so it's one thing if you make money for somebody else in a corporation but at least you get paid a million dollars a year i was getting paid 50 60 70 000 a year building a big ass business and at 34 years old left and had to start my company in somebody else's conference room vaynermedia in buddy media's conference room because i don't have the money to pay rent so this is pre-social media so what strategies are you using to build a company from three to sixty right because this i mean internet has just been developing yep back then it was email and google adwords that really took me off right and banner ads people used to click banner ads kids i would buy banner ad for five hundred dollars a month on a website like wine. like a winespectator. com and people clicked that [ __ ] you know back then everyone was curious about everything like banners like oh cool it was kind of like cool you're like empty oh [ __ ] takes me somewhere else like you know again i'm talking like it's a hundred years ago it's only 25 years ago but it's like 10 it's like a it's a lifetime ago it was crazy there was no laptops like you had to sit on a [ __ ] desk to be on the internet this feels like a scene in the wreck-it ralph movie he's just presented but so banner ads being you know a little early social called forums remember bulletin boards i was part of those all the wine boards they're like why do you know so much i i own or my family owns or my dad and i run this place called wine library check it out winelibrary. com two clicks five clicks like real like bricklaying you know and then i figured out email in 97 i was like okay this is gonna be big and so i just started asking every customer that came into the liquor store you got an email and this again back to the old days 25 years ago people like yeah i got an email it's aol yahoo. com you know like it was but it was crazy luckily the store was in jersey where a lot of people worked on wall street and the wall street cats had email pretty early and so you know started getting that wall street clientele and that's you know i really started changing our business but catalogs are the catalogs direct mail newspaper page ads in the new york times and wall street journal and star ledger and jersey big shout out when i was you know when i made a couple bucks and was able to put them on you know it was all family immigrant businesses are you don't take money out to buy [ __ ] you put it back in the business back in the business so one of the reasons i never really amassed a lot of money during that time was my dad wasn't paying me or him any real money every dollar was back into advertising back into more employees back back and so we were feeding one of the reasons i tell a lot of entrepreneurs now like feed your business you know everyone wants to be an entrepreneur to take it out and buy a [ __ ] rollie and right and buy a bet and like and buy like some and i'm like no no don't flex yet you just started put it back in your watch will be more expensive your trip will be nicer your flying accommodations will be better but you got to feed your business for a minute yeah stay down till you come up so you talked about um how you left the company and left with zero so you left with what hey why did you

### [8:15](https://www.youtube.com/watch?v=_gh9hg6ezcc&t=495s) Leaving WineLibrary

leave so it's a family business you grew it it's 60 million dollars is you know going nicely 10x the whole situation or 20x whole situation so why did you leave and on some real [ __ ] three main reasons resentment my brother's 11 years younger than me and i love my pops let me break them down for you because you guys go deep here i'm going to give it to you [ __ ] that i don't usually talk about yeah you work 15 hours a day including saturdays because you're in the retail business from 22 to 32 years old no fun no trips work 15 hours a day real [ __ ] now not like [ __ ] like propaganda or people acting like they're working in the store 8 a. m leave the store 10 p. m in the store 7 a. m leave the store 11 p. m for [ __ ] 10 years and you take it from 3. 8 million to 60 and you have no real real money like that and now you're married and you've got a little bit of that right you start being [ __ ] up a little yeah got it i'm just talking real quick i was like yo i was a kid i you know now listen the reason i wasn't really [ __ ] up and it was okay was i wanted that i wanted to pay my parents back i knew i was [ __ ] great i knew it i knew what's going on with me right now and on some record on the record [ __ ] i haven't even started no i'm really i'm being really honest with you guys like you're gonna look at this video and in 13 years you'll be like damn he really wasn't even like in the same universe like i mean it i really feel like i'm just starting i'm patient i know life is long i have wisdom i hung out with old grandparents all the time as a kid and i never understood why now i understand i'm an old soul i was patient i knew i could give up my 20s for my parents feel good about that feel like i really put them on because they put me on be like you know settle that bread you know what i mean now we're good now we really i was a little bit like that i needed it for me but i really love my parents on some real [ __ ] they're the best i was like [ __ ] it i'm gonna get mine regardless let me really do something here but now after a decade i started getting into that little place of like number two my brother's 11 years younger than me my parents were 20 when they had me like that old russia [ __ ] you know like so my brother was coming up and he didn't want to work with my dad my dad's a tough like my dad's a different kind of personality old school he didn't want to be about that and so i wanted to jam with him i mean you know i've been teaching him entrepreneurship since he was a kid ebay garage sales all that [ __ ] that people know about me so i really wanted to jam with him so we kind of decided somewhere around his senior high school freshman year college like we're going to do this so that was in the back of my mind and you know i left when he graduated in may of 2009 and i left started vaynermedia but i was doing both i was doing wine library vaynermedia from 2009 to 2011. and then number three i love my dad let me explain my dad was one of the guys he 10 15 guys in the liquor business in jersey he had one of the good stores doing 4 million in a liquor store in the 80s that's real money you know it's different day different age there was no major players liquor is fragmented you don't have walmarts and [ __ ] like that so he was a guy he was one of the guys he was one of the people that could throw around some clout he was one of the bigger buyers and he loved it i came along and took that [ __ ] to the [ __ ] moon so i became the guy and so now all of a sudden the you see where i'm going right now yeah all of a sudden my dad lost his clout yeah and my dad and i wasn't about sharing it either because i took the wheel and was like nah one person can drive so like go in the passenger seat i love you dad you're still my dad and you can always call that once in a blue moon dad card and make me do something i don't want to do but 98 of time i'm driving and the first year that i did the business he was renovating and decided to build a new house for him and my mom he loves construction so they built a new house and that first year we went from 4 to 10 million and he kind of looked he's like [ __ ] 23 right i love you guys so he was like i love you but [ __ ] i'm not going to mess with this next year 17 and he's like okay i got something and so but what that did was i was willing to do it for him but i was going to take the shine i was gonna have the leverage i was gonna be the guy and i loved my dad and we were starting to have conflict it was pretty cool for the first eight or nine years little things but now we were starting to have consistent conflict i had my resentment up i become real famous in the liquor business the guy and nobody gave a [ __ ] about my dad and i saw the pain in his eyes and it hurt me because i love my dad and people forgot about his part he came to america with no language money he came to america and took all the risk and went from and what he did from zero to what he did i know i'm going to the tippy top of all time and i'm still going to always admire what he did from zero to that spot right and i have my own zero story but it's different and he's my dad and so it just felt like the right time if that makes sense yeah that's that trust me that's

### [13:26](https://www.youtube.com/watch?v=_gh9hg6ezcc&t=806s) How I invested in Facebook, Twitter, and Tumblr

an honest answer so when you start the media company i'm assuming yeah so you learn early as far as emails and internet marketing and all of that so you just transitioned that into the yes i'll give it to you yeah 2006 youtube comes out i'm like this is gonna be big i hate it again why did you think youtube was gonna be big because i thought the internet was gonna take over the world and here was the first thing i ever saw that did videos proper you know and i was like this is it and you know what's beautiful about being old is you got the receipts go to youtube type in wine library episode one february 21st 2006 when it was still independent google hadn't even bought it i saw it the video starts with me saying i think this is the first wine show on the internet like you know what i mean like yeah i watched it i appreciate it so i saw it i did it and i was right and then youtube sells for one seven 1. 7 billion into in 2007 and to help everybody here that be like tick tock selling for a trillion to facebook right now the number was crazy back then one seven was like you didn't even think about [ __ ] like that right and so that happened and that's when my career really took off i said wait a minute i was right about dot com email i was right about google adwords i was right about you know blogging even though i didn't do it i was right about this youtube thing maybe i'm not just a good businessman or liquor store runner or seller i might be good at like just knowing [ __ ] that's literally the combo i had with myself and i read an article that youtube had angel investors and i was like what's an angel investor and i googled it and i was like i'm gonna be an angel investor and then next year i went to south by southwest because i got to put you got to put yourself in it if you're going to be in it i went to silicon valley a bunch and within the year of me deciding that chew up that 150 i don't remember 80 to 150k i saved because i was living in a [ __ ] apartment never going out so even though i was making 50 i was saving four thousand a year making 67 8 000 a year you see what i'm saying so when i tell kids with my content like be humble i lived i don't give advice that i [ __ ] read in a book i don't get advice that i didn't live so because i was living humble and not buying dumb [ __ ] even though i wasn't making much i had a little something and now i saw this opportunity and the first three companies i invested in were facebook twitter and tumblr and it changed my life so the angel conversation is extremely interesting because a lot of people might not know your angel investors so that's a perfect three companies to invest in so angel invest in vc world is like you know people have been around for decades that do that with billions of dollars so you come even with a couple of hundred thousand that's not really real money interviews different than though like i invested in tumblr's b round at 14 million evaluation a b round now is like 400 million it was a different world when i did it nobody there was nobody coming at these kids like that back then nobody believed in the internet like this like i was able to talk to mark zuckerberg to ed williams to david carr like i was talking to the person it just wasn't that shine like it was like hip hop 85 versus hip hop today so that's it basketball so for the what round did you get in facebook so facebook i bought from mark's parents two years before the ipo because i became friendly with the facebook crew and randy and mark because randy and her sister worked at the company i'd flown out to speak to the company i would hang with them at conferences so one day i just got a call from randy saying you know my parents want to sell some of the facebook stock before the ipo because they want to move to california and build a house and be near us would you like something she didn't start she didn't finish saying my parents and i rewired the money cause i knew facebook was gonna win and then tumblr was one of the big companies out of new york because [ __ ] wasn't happening in new york so tumblr was out of new york and i noticed junior high kids were on tumblr in 2008 2007 and i was like wait that might be next because all the youngsters are on it and so i got on there and then yahoo bought tumblr for a billion follow the youth so as far as like the angel investing you know about the rounds can you explain that a little bit because people hear about rounds seed round fun round a round b round c round but they might not actually know what that actually means team you know a lot of people use different terminology for the same ship but like you know the angel round is the initial money in then usually the first time a company takes money the angel the seed investment or the angel right high risk like most of my angel investments went to zero but high reward you come in early on something it can get real crazy you know i angel the company called barkbox that's about to go public that's gonna get interesting for me you know angel you can get crazy um so then there's the a then it just goes and then it goes in very simple order for everybody the a route it's kind of the first real money you know five million bucks three million bucks then the b round 10 20 c round that's you know when i said 10 20 that's how much they took in so they got a 100 million dollar valuation and they took a 20 million dollars and now that person invested is in only 15 percent of the company that gives that nature because it's 120 close trade for 20. so that's how it goes angel abcd and usually by after d you're looking at going public or selling so like a couple questions in regards to that for entrepreneurs how should they prepare themselves to approach an angel investor like what should they already have in place because from my understanding a company has to have a certain amount of revenue like already in place before they can actually get venture capital or angel money is that true or no angel money you can get when you have nothing an idea now that comes with privilege right let's be very honest here and i'm not even talking white privilege i'm talking rich privilege i know unlimited black asian trans you know if you're running in money circles you got a shot to get money on an idea you know one of the reasons i stopped investing and i don't invest that much most of my money right now is going to sports cards we can get into that before we get out of here yeah um is it's crazy now like you can get you can basically say i'm going to build this make a deck go to people and they give you money based on a four million dollar five million dollar six million dollar seven million dollar valuation but it's a very small group of people that have access to that capital right and they usually run from high university stanford harvard right or they run in very rich circles your mom and dad have wealth and you know their friends happy to write you a 250 000 check at that valuation then you use that to get another person so you know you don't need to be making money and ironically in technology it's almost better that you're not people like to invest more in the idea once you start making money they have something to judge you on it's a crazy system and i'm not a i that concerns me and which is why i've been hesitant to go hard in an early stage i like it a little bit later where people prove it a little now no reason to take that risk so i'm aware of an a and b guy if i really get excited so when you actually are going to go after a company or decide to invest it is that why you created vayner x or is that something different right because that became a holding company at a certain point right vaynerx is different i did have a so i did angel investing and real well then i got hooked up with steve ross the owner miami dolphins and he bought a piece of vaynermedia which was the first company vaynermedia which later became vaynerx when i started adding companies so i needed a holding company for the companies okay i'll get to that in a minute when steve ross invested in vayner bought a piece excuse me at vaynermedia he also put up the money for a fund and i deployed 25 million dollars out of a fund as a like a fund right so for everyone listening because we're doing some real good educating here that means that i got i normally get paid two percent of the number to manage it but because i didn't take that from him because he already bought a piece of my company and we're kind of being homies but i got 20 of the back end right so 20 of all the earnings so the 25 goes and i get 20 of anything that happens right you know so i don't put up the money i make the decisions but that gives me 20 cents on a dollar he gets 80 cents and with that company i made a lot of smart investments i started a company with that money called resi resy anybody who's into restaurants the resi app that was me we sold that company for nine figures to amx 18 months ago i invested in snapchat pinterest coinbase so we did real well so you talk about the holding companies why is that important that's important because i had vaynermedia one company and then i wanted to buy a new company called purewow there is a women's lifestyle brand uh com publisher similar to refinery219 or bustle you know i just stood up a men's brand called 137 pm that everybody should check out that's more like complex advice so when i bought that company i didn't want to put it into vaynermedia because it was a different kind of company different taxes different all that so i created a holding company called vaynerx one side of it was vaynermedia another side was what we call the gallery media group which held purewow in it then we started 1 37 p. m and then i started going ham i started a new company called sasha group after my dad sasha to be vaynermedia for small businesses then i started the speaking bureau vayner speakers then i started a company for e-commerce vayner commerce you know i just started going now and so i've got a series of businesses now we just set up a new company called vaynertalent where we help people build their personal brand and we represent and manage some people so now i got my holding code and the way you do the reason i sit at the top of the holding code i'm the active ceo of vaynermedia but i got people running the other companies and you create incentive plans for them at their level it all ladders up to the big level and that's where i'm at there you have it um so as far as one last question about the angel what do you look for because you obviously had a bunch of success facebook twitter tumblr uh uber snap venmo to name a few so it's not luck so you obviously have an eye for talent more so than i mean a gut feeling yeah but do you have anything that you like a checklist where you look for 100 two things my conviction of what's going on in life and then the person so i called the jockey and the horse i gotta pick the horse let me give you one right now for everybody i'm gonna make some people some money today nft is stands for non-fungible tokens crypto art right so on top of it we've got a conversation about this so this is coming i believe in it there's gonna be a lot of money lost so don't go crazy everyone who's listening yeah spend 100 hours let me say it slowly so it sinks in everyone's head 100 hours of education then maybe you go buy a piece of crypto art but i now believe in nft i really believe in it now i got to go find people that i believe in that can ride that horse so i make a decision on the horse but then i got to believe in the jockey i lost a lot of money my first round 2007 8 9 10 11 12. because i was right about the concept but i was wrong about the person's stomach who was running it she or he couldn't take a punch you understand yeah that's what i'm looking for now who can take a punch that's what entrepreneurship is ufc entrepreneurship is boxing who can take a punch so i'm right about a lot of stuff to your point i've got a great career on that but i've now what i'm spending more time on is can she do it is he about that life and and i'm trying to spend more time on that and i

### [26:16](https://www.youtube.com/watch?v=_gh9hg6ezcc&t=1576s) What do I look for when investing

think i've done better lately yeah so i mean i've watched the videos man and like you said there are receipts so creating and finding global trends is your thing i watched it when you said that facebook is going to be sold to ig in 2011. i saw when you used it facebook sold yeah and then the joe rogan to spotify and so is nft the next thing or is this there's something yo that was crazy is there something else nft is going to happen uh something else i'm about audio i've talked about that a lot now you see club i'm getting a lot of love again because of clubhouse i was about audio i was kept yelling audio audio um premium sports cars lebron kobe jordan you know um nft i feel is really solidified on that's great we just who who had that conversation we had the so somebody text us one of our patreon members texted us about text me about the digital art in that space and then we had it with 19 keys oh yeah she said the same thing yeah he was explaining he was in miami we sat down with a good friend of ours and he was explaining us to us about crypto and digital art and i didn't really understand it and he took like a half an hour and he was like if you have like a art showing and it's like that the artist like leases out the image for just that in the virtual world yeah it was a whole thing and that's the first time and it's crazy that you mentioned that because that's the first time i ever heard of it last week and now you're bringing it up again let me bring up something else that's going to make it work the other thing i was going to answer you on in combination with crypto are like call it nft non-functional tokens like digital r crypto art is vr so look we're basically in vr now think about what everybody take a step back i'm going to make it real common sense how much time are you in your phone think about how many minutes a day you're looking at your phone there could be a rhinoceros behind you have no idea so the jump step to oculus right aka i'm predicting in 10 15 years you're not going to need some big ass thing on your eyes you're going to be contact lensed and then if we live in a virtual world six hours a day which i predict will happen to everybody who's listening here now i think that's 10 15 20. but i'm patient if we live virtually you have to understand why blockchain crypto nfts matter because you can prove that you own it it's on the blockchain it's on the left so you're the only one with it now imagine if in it if you imagine blockchain integration of vr when somebody's coming to your pad and you're like living it like it's gonna feel like we're living and the same reason people flex art you see where this is going yeah yeah okay can we go back to the collectible cards because i know that i mean that's your origin so this must feel like surreal like yo this is coming back the biggest reason so many of my friends my brother my best friends didn't believe me three years ago is i think they thought i was thinking with my heart got it because yeah because i mean that was the beginning when i was like why is nobody believing me three years ago and i was like yo i got receipts now listen to me and i was like oh [ __ ] the people that believe in me the most that love know me the most they think i'm in love right because you're right it is my first love that's like cards in 1987 to 1993 that's when i became garyvee like what i am built on today is those six years of doing sports card shows being with grown ass men and winning so as a child yeah i remember that i'm gonna let you go but i remember being that kid from like 91 i was collecting baseball cards and basketball cards and marvel cards and i was like i gotta save these i think the most valuable one i could think we had was a ken griffey jr rookie card and i'm like i'm holding this forever i still have it it's like worth like i think it's mint nine or something like that it might be worth like six seven hundred dollars but i'm like i'm keeping this forever so what's the deal with this new virtual wave that you're speaking of with i'm not familiar with this whole situation so what's what is this virtual cards no like the trading cards like baseball cards i know but like it is like a new age of that well there is something there is two things brewing there's nba topshop i don't know if you've seen that but that's oh i think i did yeah they like the holograms that's well they're like highlights on the blockchain so that's we're talking a little bit now of nft the [ __ ] we were talking about earlier nba top shops huge and there's a soccer one proper football coach so rare built on top of ethereum okay and that's a word people starting to hear now right because that's different than bitcoin but the other thing that has heat because it's a platform that people build on top of like so rare so um yeah there's a little bit of that bruin but yeah the sports card thing three years ago i saw it i'm like this is next and you know again like i said earlier charlie demilio sports cards uber gunna little keyed you know snapchat like it's all the same game for me what do i see that nobody else sees as easily as i see it am i tricking my i always ask myself am i tricking myself so i double check a triple check a quadruple check and the receipts are there the youtube videos of me and charlie demillo before she went there the videos of me and keith and gunna they're there so you your social media acumen is highly respected one of the best ever

### [32:10](https://www.youtube.com/watch?v=_gh9hg6ezcc&t=1930s) Is Clubhouse here to stay?

during social media so talking about the next phase where we at next obviously clubhouse tick tock how do you feel like do you feel because i think facebook just announced something that they're gonna do something similar to what um clubhouse has gone to is it here to stay or is it the next vine it's snapchat let me explain clubhouse is snapchat snapchat's still here remember when it's like i remember i was like it's dead i'm like it's not dead it got dented instagram gave it a punch you know it took an hell it might have lost it definitely fell down but it's come back to you know the rematch always matters right and snap is doing quite well they're building a really nice company but instagram took off even more because of it so stories became a format not just an app got it so now you have snap doing well but every platform twitter linkedin youtube facebook instagram has stories i think the same thing is going to happen with clubhouse is going to continue to innovate and do its thing but i believe that every single platform facebook instagram linkedin twitter are all going to have clubhouse-like dynamics in it and it's going to be a feature in the biggest platforms in the world so can a clubhouse survive because we saw this with vine when they had the eight second clip and then instagram they took it no that's just you know that's where people get their history wrong vine won let me explain mine sold their company to twitter vine died because the guys left vine didn't have to die vine took the bag let's win no snap of course it can look at snap snaps just fine at all-time highs on its stock yeah they start i was about to say the starting stock come on stock is going well yeah so yes man of course clubhouse can now snap was probably further along when that feature happened on instagram so what clubhouse has to worry about is if all these companies come at them from all different directions can they continue to grow or will people do what happened you know i'm sure you remember this when instagram did that thing everyone's like oh good i don't have to be on snapchat because they're insecure because they only had a thousand dollars there and they had a million over here like everyone's on their insecure [ __ ] but i was staying on both because the tension is attention so what you know right now people are insecure they're not even in clubhouse they don't have an invite so when twitter pops it up or instagram pops it up they're like yeah you know what i mean i don't have to go there i'm not behind um so that's what clubhouse has to worry about what about tick tock you know tick tock is a beast tick tock has it's just on fire i think people are completely confused what's going on if you're under 25 it's tick tock comma instagram and it's not even close tik tok will be interesting they're so about their world their algorithm finding creativity if you ask me which platform's most likely not to do audio like that i would say it's tick tock and snap i don't see a shot that linkedin youtube and facebook and instagram don't do it twitter's already done it yeah it's interesting because it's like for entrepreneurs you get comfortable with one platform and then another platform comes out and it's like you're spinning in all different directions so what's your advice for people that may not have a budget to hire you know a whole staff and it's like they just focus on one thing they got instagram figured out and now they kind of like you said they built a nice following on instagram and they feel like they got to start at zero on tick tock or zero on clubhouse multiple things one crying about it and could do [ __ ] that's the game sorry like you know like people had mtv and bt figured out and napster came along and [ __ ] up their game right [ __ ] happens sorry if you're an entrepreneur you're in the business of getting punched in the face nobody owes you anything so that's number one that's what i tell them number two you don't start at zero if you've got a million followers on instagram you post a little photo i'm gonna be on clubhouse at 8pm you know what i mean so you're not starting at zero your audience is moving with you i got half a million followers already on clubhouse i've barely been on it because i've been busy you know what i mean you don't start at zero your equity travels yeah can we can i talk about one of my favorite quotes as you said it was it's uh the empty the bucket and it's true in relationships and it was like i was living that i was like it's tough to be in a marriage where you have something on your mind that you you fester because after a while the

### [37:00](https://www.youtube.com/watch?v=_gh9hg6ezcc&t=2220s) Emptying the bucket

bucket overflows but can you talk about the importance of that in business of emptying the bucket it's life resentment's a problem and for me i can deal with i can eat [ __ ] i can fill that bucket because i'm a big picture i'm empathetic but even for me it tips over and for my dad he was the reverse i always said to my dad your buckets the size of this cup my bucket's the size of the ocean that's where you and i are different he would get triggered quick you know and for me i would just eat [ __ ] it was even my leverage you know i would like but like the reality is candor matters now i like kind candor if you're gonna tell somebody the truth deliver it with some compassion not like yo you stink you know what i mean like you know like you gotta think that through but yeah you have to be careful of resentment holding [ __ ] in because it's not sustainable that shit's gonna come out either in you doing bad behavior right alcohol like people humans need escape from unhappiness you know and so you gotta get [ __ ] off your chest and so i think a lot about that and i've historically not been great at it i've been lucky because my bucket's an ocean but even the ocean overflows at times and those have not been good events in my life and i'm trying to stay away from that and so i'm trying to empty it more often and emptying it emptying the bucket means go and have kind candor and talk [ __ ] out communication heals everything even the hard talks and and when you're most upset you have to be most compassionate to the other side not the other way around because if you come in hot they're going to react hot and the next thing you know you come to blows whether physically or verbally and that's never a good thing the ocean becomes a tsunami yeah exactly one last before we wrap um underpriced attention i know you're big on obviously social media but for entrepreneur is that the only way to get underpriced attention these days or are there other hacks that you know business owners entrepreneurs creatives can go about to get their brand out there and the name out there internet the internet is underpriced attention or doing like a stunt right like if you like paint a street or something or like you know like you got to do something like shocks the world in real life go viral but that's hard it's hard whereas on the internet linkedin's organic reaches through the roof tick tocks organic you could be nobody quote unquote no audience make one tick tock the first one and go off how do you not take advantage of that right clubhouse right now how do you not go on if you're trying to build an audience you should be living on clubhouse people just looking for rooms and new people to follow so yeah the internet and social networks especially are the spot but it's the content you put into it that's contextual yeah it's all about content content is king and it's cash content is cash and king gary it's been a pleasure brother this is you know what this is this has been long overdue um two years ago we ran into you at the k-swiss booth yeah and we said look remember that i remember are you kidding me you know much pressure i've been feeling about this interview it was documented your fan base is harassing me i feel guilty and [ __ ] cause i [ __ ] with you guys and i'm just trying to balance my life out here i'm busy as [ __ ] and like and then you know like the way life actually works you end up doing somebody else's thing before like that i just met last week and i still know in the back of my head i got these two good looking dudes that i got to do with this with and so like i'm [ __ ] happy as [ __ ] we finally yeah did put it on instagram it was like ten thousand of his words i'm like tag them yeah we did this man i'm cheering for you guys heavy it's been fun to watch from afar you continue to build bricks over these last two years i cheer for you heavy if i can ever get you somebody you can't get to i'm a dm away and uh and i hope you have a great great 20 21. appreciate that brother shout out to charlemagne for uh connecting the dots on yeah yeah shot the god put the final piece in there yeah man but yeah just you were a man of your word then um and i'm so happy that we got it done and we're neighbors on the charts too so it makes perfect sense listen you guys are doing real work i'm really proud of that that little humble brag you just put out it's real i'm proud of you guys you're doing real work it's brick by brick listen i did wine library tv for 18 months nobody knew who the [ __ ] i was i told you guys earlier in 13 years 50 000 times more people are gonna know who i am i'm just starting to we're all on our journey and it's the journey it's the bricks you know what i mean yeah like i swear to god you might not believe this i don't know my numbers i don't know where i'm in the charts it just you know like i'm just so tunneled back to the horse and the jock you know those horses they put the liners on the sides like i don't know where i rank i don't know where it is i don't you know people trying to goad me into [ __ ] all the time i'm just focused i'm in my cocoon i'm in my silence i'm in my zone i'm just putting in work in the dirty i'm not at the equinox i'm at a dirty gym that smells like [ __ ] getting in my reps you know what i mean yeah that's it that's like that rocky vibe yeah down trees we begin coating that

### [42:00](https://www.youtube.com/watch?v=_gh9hg6ezcc&t=2520s) Outro

like people like oh you guys are doing so great and we're just like so like looking ahead to what's coming like yeah we got to stay focused i tell my friends all the time don't get fancy until it's time to get fancy whoever holds their breath the longest wins bar's out here baby gary appreciate you brother you do botcha what's up it's garyvee first of all thank you so much i hope you're doing super well during these times i also want to ask you please subscribe because my commitment and exploration of youtube is about to explode stories polls more content more engagement more surprise and delight this is the time to subscribe i hope you consider it and i hope i see you soon

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*Источник: https://ekstraktznaniy.ru/video/17573*